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ew History Bookmarks Window Help newconnect. com Connect sheet-Google Search uiz Seved MC Qu. 135 If assets are... If assets are $99,000 and liabilities are $32,000, then equity equals: Multiple Choice $131,000. $99,000 32,000 $198.000

Solution

Assets=99000

Liabilities=32000

Share holder equity= Assets+Liabilities

=99000+32000=$131000.